and scott winship is a senior fellow at the manhattan institute whose work includes economic mobility and inequality. i want to start with you on the news of the day here, your thoughts on the expiration of the long term unemployment benefits? >> well, hari, those are not just bad for those families, but also bad for the economy overall. because remember, those unemployment benefits going to the unemployed-- unemployed will be or have been turned around by the unemployed in terms of their purchases of goods and services, if they're not getting that money any longer. they will not be able to turn around and buy goods and services. that means that the economy will be that much less robust. >> scott winship, should they be extended. >> you know, i don't think it is a terrible idea. i do think that we're talking about a pretty small fraction of the labor force, probably about 3% of fix year's workers. so it's easy to overstate, i think, the cost and the benefits of extending them. but the unemployment rate remains high and i don't think its he a bad idea to extend them for a bit longer. >

we have scott winship and christian dorsey from the economic policy institute. christian i let you begin because i know you don't like the entire wealth gap thing is. tell us what the problem with the wealth gap is. >> the problem is when you look at country that is have a large percentage of their people being for and having a lot of growth to get basic human need taken care of of course you could see faster growth with high inequality but that is not the case in the united states. we have a very educated community and what we have is rising inequality despite the fact that americans work harder and are smarter. well we have is a situation where the wealth that we accumulate is increasingly going to such a small percentage of people which leaves the rest of folks without hope, without the ability to actually improve their standard of living. dennis: so, scott, you've actually looked at this and looked a the a lot of studies and you believe this entire thing is rather overblown. tell us. >> yeah. i think that's right. if you look at the research, what it shows i